Chair of scheme says previous quotes were at 2019 prices and do not reflect increase in inflation
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The estimated cost of the HS2 line from London to Birmingham has ballooned to as much as £66bn, the scheme’s executive chair has told MPs.
Jon Thompson told the transport select committee on Wednesday that the current estimate for the first phase of the line could add “between £8bn and £10bn” to the current top-end estimate of £56.6bn.
Continue reading…Chair of scheme says previous quotes were at 2019 prices and do not reflect increase in inflationBusiness live – latest updatesThe estimated cost of the HS2 line from London to Birmingham has ballooned to as much as £66bn, the scheme’s executive chair has told MPs.Jon Thompson told the transport select committee on Wednesday that the current estimate for the first phase of the line could add “between £8bn and £10bn” to the current top-end estimate of £56.6bn. Continue reading…